Prospect Heights, Brooklyn, NY 11217
Property Type
Townhouse
Lot Size
3009 Acres
Listing courtesy of Peter Grazioli of Park Slope 160.
Legal 14 unit mixed use building with 2 commercial storefronts located along prime Flatbush Avenue. The property generates $383,035 gross income with a strong $302,623 NOI and offers immediate and near term upside. Generational ownership, first time to market. The building units consist of 11 One Bedroom (RS), 1 One bedroom (De-Regulated) 2 Studio and 2 commercial all separately metered. Two Units Delivered vacant rest Fully occupied with stable strong tenancy. Ideal for investors seeking stable cash flow with value add and long term upside in a core Brooklyn corridor. Centrally located to major transportation hub for LIRR, Subway, Barclays Center, BAM and Prospect Park.
3009 Acres
0
Brooklyn
Prospect Heights
Townhouse
Prospect Heights
Brooklyn
0
Total$30,928.23/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
281 Flatbush Avenue, Prospect Heights, NY
Open in Google Maps| Address | Size | Sold For |
|---|---|---|
| 319 Prospect Place #GARDEN #GARDENProspect Heights | 1 BR / 1 BA | $995,000 |
| 230 Park Place #5K #5KProspect Heights | 1 BR / 1 BA | $935,000 |
| 394 Lincoln Place #B2 #B2Prospect Heights | 1 BR | $70,356,579 |
| 285 Prospect Place #4D #4DProspect Heights | 1 BR / 1 BA | $64,000,041 |
| 61 Eastern Parkway #6E #6EProspect Heights | 1 BR / 1 BA | $600,000 |
| 135 Eastern Parkway #3H #3HProspect Heights | 1 BR / 1 BA | $620,000 |
| 135 Eastern Pkwy, #3H #3HProspect Heights | 1 BR / 1 BA | $620,000 |
Closed sales recorded by Brown Harris Stevens agents.

Prospect Heights is a vibrant Brooklyn neighborhood known for its historic brownstones, cultural diversity, and proximity to Prospect Park.
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